Trade policy in South Asia: recent liberalisation and future agenda

Article Abstract:

A study was conducted to analyze trade reforms and future trade-policy concerns in Bangladesh, India, Sri Lanka, and Pakistan. Bangladesh, Sri Lanka and Pakistan have realized non-tariff barrier levels that are comparable to their counterparts in East Asia. However, India still falls behind and needs to address concerns associated with the liberalization of its consumer goods market. Results indicated that the region should examine ways to promote cooperation in areas of common interest rather than support trade preferences that lead to trade diversion and a slow down of the trade liberalization process.

Sri Lanka, India, Pakistan, Asia, Trade policy, South Asia, Bangladesh, Commercial policy

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The problem of capital flight from Russia

Article Abstract:

The Institute of Economics carried out a study on the mechanisms underlying capital flight from Russia. Based on two years of work, the study examined the disruptive influence of 'hot' short-term money activities. Results of the study indicated that capital flight can be discouraged through the establishment of a favorable investment climate and and the production gross domestic product growth through state actions. Such an investment climate would be characterized by investment law and tax reforms, improved bank regulation and better operation of the country's land and real estate industries.

Russia, Capital market, Capital markets

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